Montenegro's €200 million notes due 2015 whispered at low 8% area

By Christine Van Dusen

Atlanta, Sept. 7 - Montenegro's planned €200 million sale of notes due 2015 (Ba3/BB) is being whispered with a yield in the low 8% area, a market source said Tuesday.

Credit Suisse and Deutsche Bank are the bookrunners for the Regulation S-only deal, which was marketed on a European roadshow that started Aug. 31.

The deal is expected to price this week.

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